OMAHA, Neb., Aug. 23, 2012 /PRNewswire/ -- TiVUS, Inc. (OTCPK:
TIVU), a leading hotel technology IPTV company, today announced it
has started operations in the Asia
Pacific region. This region has provided hotel chains
significant opportunities for growth. The top ten leading groups
have cumulated a total inventory of more than 770,000 rooms under
management as of 2011. The region will likely add another one
million rooms in the next 3 to 4 years and TiVUS plans to be a part
of that growth.
After completing a detailed market survey for the last few
months, TiVUS is proud to announce it has begun operations in
Asia. "This region will be a very
lucrative source of revenue for TiVUS," commented Shiva Prakash,
TiVUS' chief executive officer. The Asia
Pacific region is a multi lingual market with diversified
guest profiles. TiVUS Ad-insertion technology platform with
built-in business intelligence is a perfect match for such markets.
TiVUS has already secured several regional content licenses for
premium content distribution. Initially the Asia Pacific operations will be based in
New Delhi – India. Additionally, TiVUS expects
to announce new team members and additional contracts from the
Asia Pacific region.
In other news, on August
21st of this year, TiVUS held an interactive
conference call with its valued shareholders. The in-depth
conversation between management and shareholders was very
informative and thus helpful in understanding the company's current
& future plans. We were very pleased to hear the feedback from
our shareholders that they were very excited to hear about the new
opportunities, products and new team members at TiVUS, Inc.
About TiVUS, Inc.
TiVUS, Inc. is a hotel technology entertainment services company
providing internet-based TV and Cable programming, interactive game
content, and goods & services to the hotel/hospitality
industry. TiVUS' unique HD IPTV system is a complete hotel
entertainment platform that, for the first time in the industry,
generates previously untapped income for the hotel through ad
revenue-sharing. For more information, please visit www.tivus.com
and www.tivusconnect.com, or check us out on
Facebook.com/TivusConnect or on Twitter @TivusInc.
Comments are based on current management expectations, and are
considered "forward-looking statements," generally preceded by
words such as "plans," "expects," "believes," "anticipates," or
"intends." We cannot promise future returns. Our
statements reflect our best judgment at the time they are issued,
and we disclaim any obligation to update forward-looking statements
as the result of new information or future events. We urge
investors to review the risks and uncertainties within its filings
with the OTC Markets and/or Securities and Exchange Commission.
Contact: Shiva Prakash, (402) 507-5076,
investorrelations@tivus.com
SOURCE TiVUS, Inc.